Which of the Following Statements Is True About How We

question 73

Multiple Choice

Which of the following statements is true about how we judge behavior when we have only a small amount of information?

• A) The positive or negative value of a behavior will determine the reactions to that behavior.
• B) A behavior stands out more when it is positive.
• C) A behavior stands out more when it is negative.
• D) The positive or negative saliency of a behavior will determine the reactions to that behavior.

---

Definitions:

Downward Sloping

A term often used to describe a graph line indicating a decrease in one variable as another variable increases, such as price and demand.

Indifference Curves

Graphical representations that show combinations of two goods between which a consumer is indifferent.

Perfect Substitutes

Goods or services that can be used in exactly the same way and are interchangeable in consumption without affecting consumer satisfaction.

Straight Lines

Typically refers to the simplest form used in geometry and graphical analysis, representing a direct and continuous path between two points without any curves.